New Zealand’s August ‘weather bomb’ cost US$27m: ICNZ
October 14 2022 by Andrew Tjaardstra
-
Tower replaces IAG as Westpac New Zealand’s underwriter
- September 26
Tower will underwrite Westpac’s house, contents, car and vehicle insurance products for an initial term of five years starting from July 1, 2026.
-
New Zealand’s Ando elevates Therese Singleton as CEO, succeeding John Lyon
- September 25
The Envest-backed insurer also promoted Timothy Riding to the executive team as head of portfolio and underwriting.
-
Tower raises cat limit to US$536m in FY26 reinsurance renewal
- September 24
Kiwi carrier switches large individual property risks cover from proportional treaty to XoL structure, estimates lower premium expense.
-
Kiwi insurer Tower upgrades FY24 NPAT guidance, downgrades GWP growth outlook
- September 12
Kiwi insurer expects underlying net profit after tax (NPAT) of US$59.7-65.45 million.
-
Peak Re | From climate modelling to market opportunity: Forging a new clarity on Southeast Asia’s climate risk
Southeast Asia's protection gap: a crisis of clarity, not just capital
-
BHSI WICare+ | Accelerating Payments, Empowering Recovery
Launched in cooperation with Steadfast’s Singapore network, WICare+ fills the gaps found in traditional coverage and keeps businesses and their workforce secure by covering up to SG$350,000 in medical expenses per claim.
-
BHSI | Managing non-Asian exposure in long-tail lines
While US-exposed business can look attractive to Asian carriers, managing the volatility around the long-term results and the ability to model those losses are crucial, say BHSI’s Marc Breuil and Marcus Portbury.
-
Allianz General | Allianz General combines innovative protection solutions while powering social good to lead Malaysian market
The insurer proactively addresses emerging risks and evolving customer protection needs while giving back to the community.
